Today we will analyze the stock Loews Corporation (CG) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Loews Corporation (CG)
1- Last bullish trend was from 69.31 $ (5/27/2008) to 73.63 $ (6/4/2008) a 4.32 $ move 2- The current bearish trend started from 73.63 $ at 6/4/2008 and is currently trading at 22.00 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Loews Corporation (CG) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 73.630 .
5- The Stock formed a 9.370 $ height triangle which was broken down at 22.050 in higher than usual volume, target of the pattern is 12.680.
Loews Corporation (CG) Mid term stock chart patterns for internet stock trading :

None.
Loews Corporation (CG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Loews Corporation (CG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 34.18, 41.72, 47.81, 53.91, 73.24, 73.63, 73.67.
Stock Support levels : 12.68.